Search Results for: ipo

Health Checkup For TTI’s Portfolio, IPO Madness, S i2i Updates

Last week, I sat down with a super investor one evening, who took the time to look at TTI’s strategy and results thus far, and shared his thoughts on how to “improve my productivity” (As he so gently and succinctly put it) Long time readers would know who I’m talking about. Apparantly, his friends are readers of SG TTI too. I can tell the said super investor spent some time understanding what I’ve done, as well as thought about what’s appropriate for me going forward. (Not every good strategy is appropriate!) That’s something I appreciate greatly. Subsequently, I’ve had...

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UnUsUaL IPO

UnUsUalL IPO will be the next Singapore IPO for retail and institutional investors. MM2 Asia announced on 4 April 2017 that it would launch the IPO shares of its unit UnUsUaL. Some 97 million shares at $0.20 per share would be placed. I believe UnUsUaL IPO will be the next keen IPO for Singapore retail investors right after Kimly IPO. This is because of the success of MM2 as a stock which has seen quite a good capital appreciation performance. Investors will likely deem that there is similar potential of capital appreciation if they own the stock of a...

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KIMLY IPO: how does it go for TOM K?

Dear readers, as you would have most probably known by now; Kimly IPO subscription ended yesterday 17 Mar 2017 at 12pm and the IPO was oversubscribed by more than 8 times. As shared earlier in my blog post on Kimly IPO (you can refer to the post here); Kimly IPO is widely expected, due to its defensive business model, to debut strongly on its first day of trading next Monday; as a result it is most certain that those investors who have subscribed for Kimly IPO would like to find out whether they have been allocated any of Kimly...

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Kimly IPO – Balloting Results

This is the balloting results of my previous write up here on the company.   Balloting Results I applied for 101 lots but didn’t manage to get any allocation at all. Turns out that balloting ratio was pretty decently spread out. 2 out 25 chances means a 8% chances of getting allocated. That’s better chance than the previously hot IPO like Singapore O&G and SPH Reit. For everyone’s information, Katrina (another recent F&B IPO) surged 82% on debut day so I’d expect Kimly to debut strongly the same at about 40 cents to 42 cents on the first day. I don’t...

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Kimly IPO – The Complete Resources

By now, I am pretty sure that most of the retail investors know that the upcoming IPO in Singapore is non-other than the home-grown traditional coffee shop, Kimly Limited (金味). Everyone are excited about it! Or is it? Anyway, following are some of the gist of Kimly’s IPO: Company                 : Kimly Limited IPO Price                 : $0.25 per share Size of IPO Shares  : 3.8 millions shares IPO Close On          : 16th March 2017 (Thu), 12 PM First Trading Date...

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KPO’s Virgin IPO (Kimly) After 4 Years!

I have never participated in any IPO after investing for 3/4 years. The reason is because one cannot do that with SCB and I have been trying to resist all temptations in order to accumulate all my investment in one account. I no longer need to do that as I have achieved that goal last month! I am sure by now everyone is familiar with our (SGX) very first kopi-tiam (it means coffee shop in Hokkien, not to be confused with the food court Kopitiam) IPO – Kimly Limited. I would love to invest in Kopitiam and Koufu too...

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KIMLY IPO

I have applied for a decent number of shares of the upcoming KIMLY GROUP IPO. It has been really some time since I applied for IPOs as I am very selective when it comes to an IPO. I know of quite a number of folks who apply for IPO on a “lottery” mentality, meaning to say they will sell the IPO stocks at a premium if the stock debuts much above the IPO price on the very first day of the stock’s IPO. For me, I treat IPO stock just like how I treat and select the current stocks....

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KIMLY GROUP IPO: SHOULD YOU APPLY?

KIMLY GROUP IPO is the latest IPO for the Singapore stocks market. KIMLY GROUP IPO comes at the time when the Singapore stocks markets are behaving in a non-bullish manner after a great performance in January and February of the year. I believe Kimly GROUP IPO will be closely scrutinized by retail investors as investment ideas seem to dry from the current stocks markets. KIMLY GROUP is a coffeeshop chain business which owns more than 70 business, including coffee shops, zi char stalls and a central kitchen. KIMLY GROUP has 64 food outlets under management and 121 food stalls...

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Kimly Limited IPO – Should You Be Getting This?

There’s a new IPO in town and it’s not any stranger to most neighborhood folks who have heard of the brand. Kimly Limited is inviting man on the street to become part of the shareholders by opening a total of 173,800,000 new shares which comprises of 170,000,000 placement and 3,800,000 public tranche at an offer of $0.25 for each share. Indicative Timetable About The Company Kimly Limited operates and manages coffee shops chains as the master leaseholder which then lease these food stalls to tenants. They operates a total of 64 food outlets, which comprises of 56 coffee shops,...

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Kimly IPO – Exciting Stuff?

(you may find the IPO prospectus here. in this post, I list some of my thoughts on the IPO) About Kimly Kimly has a total of 64 food outlets, including 56 coffee shops, 3 industrial canteens and 5 food courts. They claim to own a 5.8% market share in Singapore’s food outlets as of 30th September. Apart from being a master leaseholder, Kimly also operates 121 food stalls and a Central Kitchen. This IPO is underwritten and placed by UOB KayHian. IPO Valuation First of all, the IPO details are confusing due to the vast difference in bottom line...

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2 reasons to stay away from Snap’s IPO

(You may refer to Snap’s S-1 filing here) To say that I am not a big fan of Snap’s IPO would be an understatement – I would not touch Snap’s IPO even with a ten foot pole. Here are the 2 biggest reasons: 1) No voting rights Source: Snap’s S-1 filing Snap has 3 classes of common stock, and are offering only class A – those without any voting rights. What this essentially means is that investors will have no say in the governance of the firm at all (and hence, negligible influence on management). The point is this: while...

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11 Malaysian REITs that made you money if you invested from their IPOs

Last week, I wrote an article about 15 Singapore REITs that would have made you money if you invested from their IPOs. Out of the 19 S-REITs that have been listed for listed for at least 10 years, 15 of them gave a positive overall return for investors. In this article, we will look at their counterparts from across the causeway and do a similar study on the performance of Malaysian REITs (M-REITs) that have been listed for at least ten years. In total, there are 11 M-REITs that IPOed in 2007 or earlier. We will make a similar...

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Top 10 Singapore REITs that made you money if you invested from their IPO

Lately, Sabana REIT has been getting a lot of attention when a small group of unitholders moved to kick out the manager for delivering poor performance since its IPO in 2010. Early investors who bought Sabana at an IPO price of S$1.05 are now sitting on huge losses – Sabana last traded at just 43 cents per share. If we look at the history, Sabana REIT isn’t alone. There are several other Singapore REITs (S-REITs) like Saizen REIT, MacarthurCook Industrial REIT and Allco REIT that have run into trouble before and caused a dent in Singapore’s REIT sector. Despite...

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IPO – Daisin Retail Trust

Daisin Retail Trust is the first IPO listing in 2017. This listing looks very rushing in its timing.  Just read about the news in the newspaper this Saturday morning.  Subscription already opened Friday 9 pm and will close on Wednesday noon. I have doubts in this new Daisin Retail Trust.  The reasons: 1. China. Hmm….. All the initial three properties in one single city, Zhongshan, which means high geographical concentration risk.  The spsonsor of the trust, Zhongshan Dasin Reit Estate Co., also has right of first refusal for further 14 completed and uncompleted properties.  However, the bulk of these propertes...

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What if you bought all SGX IPOs in 2016?

A common and recurring theme found in Ben Graham’s The Intelligent Investor and Peter Lynch’s One Up on Wall Street and Beating the Street is to be wary of IPOs. However, you would have actually done rather brilliantly if you had invested in all the IPOs with public tranches (that is, IPOs which retail investors like you and me can subscribe to). In fact, if you had spent S$1000 on every counter, you would have spent $8000 and these counters would have provided a total return of 17.6%! As the IPOs had occurred in different periods throughout the year,...

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